What is Binance Coin (BNB)?

Binance Coin is the digital currency of the Binance stage. It is an exchanging stage only for cryptographic forms of money. The coin can be used for various purposes including exchange fees, Listing fees, withdrawal fees and any other fees on the exchange. The name ‘Binance’ is a blend of paired and back.

Binance Coin (BNB): History

Binance is one of the top cryptocurrency exchanges in the world, led by Changpeng Zhao and a team distributed around the world. The company has a close working relationship with NEO cryptocurrency organization. Binance Coin went live in an ICO in 2017. Total 200 million Binance Coins will be created out of which only 100 million coins will remain in circulation after the buyback and destruction of coins.

How Does Binance Coin (BNB) Work?

Binance coin can be purchased against popular cryptocurrencies like Bitcoin, Ethereum and few more. If you purchased it, then it can be used on the Binance cryptocurrency exchange for various purposes like exchange fees, listing fees, and withdrawal fees. Once the Binance Coin is in the Binance account of the user, the user can use Binance Coin to pay the fees during every transaction. He needs to tick it, and he is done.

How to Buy Binance Coin (BNB)?

First. You need to create a wallet to store your Binance coin safe. Then you need to deposit the coin you want to convert into BNB. You can buy Ethereum by using Coinbase as we are unable to buy Binance Coin directly. Then exchange for Binance Coin.

Binance Coin (BNB) Price Prediction 2018

BNB can be a profitable investment option. Binance Coin price equal to 11.889 USD at 2018-02-17. If you buy Binance Coin for 100 dollars today, you will get a total of 8.411 BNB. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-02-10 is 24.750 US Dollars. With a 5-year investment, the revenue is expected to be around +108.18%. Your current $100 investment may be up to $208.18 in 2022. Binance Coin (BNB) price today is $11.82 and have the current supply of 99,014,000 BNB. The market cap value is $1,170,276,170 and the volume is marked as $83,689,600. Binance Coin price prediction, Binance Coin price forecast, Binance Coin price and news, BNB price forecast, BNB price prediction 2018, What is the price of Binance Coin 2018.